Political divisions slow Islamic finance in #Egypt, Muslim Assailants in Egypt Escape Prosecution

kabten Mohamed

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Analysis: Political divisions slow Islamic finance in Egypt

Reuters  -  7:14 AM

By Ahmed Lotfy and Bernardo Vizcaino | CAIRO/DUBAI (Reuters) - AlexBank, one of Egypt's biggest commercial banks, says it expects to launch Islamic financial services next April. But the country's political divisions mean the regulatory environment in which the bank will operate is not clear.

Kip Schulenberg

5:26 AM  -  

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Muslim Assailants in Egypt Escape Prosecution »

A recent "reconciliation meeting" between members of a Muslim mob that attacked a Christian-owned school in Egypt and school administrators was nothing less than an attempt at legalized extortion, the...